Legal Liabilities when Check Fraud Occurs

Terri D. Thomas

Terri D. Thomas is Senior VP and Legal Department Director for the Kansas Bankers Association. Prior to this, she was with "Bankers Choice," a financial consulting firm. Before this, Terri was employed in the financial industry for over twenty-three years in various capacities. Most notably, she served for fourteen years as in-house legal counsel and trust officer for Bank of America and its Kansas predecessors. Receiving her Bachelor of Arts degree from Kansas State University in 1985, Terri continued her education at Washburn University School of Law and obtained her Juris Doctor in 1988.

Presently, she serves as an adjunct instructor at Washburn University School of Law and the University of Kansas School of Law and is a frequent seminar presenter for financial associations.

Thursday, August 16th, 2012
10:00 am - 12:00 pm CT

2.5 CFSSP & CRCM Credits

Check fraud losses are estimated to be in excess of $18 billion each year. With more and more counterfeit checks flooding financial institutions, this number is sure to increase. Unfortunately, most financial institutions do not understand their legal rights and responsibilities for dealing with check fraud when losses occur. If you are confused about what your bank's legal responsibility might be in various check fraud situations, this seminar is for you.

Highlights:

Tips for spotting counterfeit, forged and altered checks;
Procedures that can be utilized to reduce the bank's exposure to check fraud losses;
A plain English explanation of the bank's legal responsibility for counterfeit, forged and altered checks under the Uniform Commercial Code, Regulation CC and other federal regulations;
Factors used to determine whether a check fraud victim has the legal right to expect reimbursement for a loss.

Who Should Attend?

Tellers, Teller Supervisors, Member Service Representatives, New Accounts Personnel, Branch Managers, Security Officers, Fraud Investigators and Fraud Examiners.

Sign Up!

6-Month OnDemand Weblink - $ 255: Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.
CD-ROM and Hardcopy Handouts - $ 295: CD-ROM plus Hardcopy Handouts. Does not include live session.